http://www.bullionbullscanada.com/index.php/commentary/gold-commentary/26712-why-gold-isn-t-2-000-oz-the-propaganda-machine-speaks
Here we have a Big
Bank supplying the anti-gold propaganda, published by the notorious
gold-bashers at Kitco. But now the argument is framed (more or less) in
rational terms. Why is gold not at/above $2,000?
Regular readers are aware that $2,000/oz (USD) is, at best, only half of what should be the minimum price
for gold, today. However, since $2,000/oz would be a new, nominal high
for the price of gold, in the eyes of many people this is a number which
represents a fair/rational price. Why is the price of gold not
at a fair and rational level? Now we are on equal terms with the
propagandists. We no longer need to construct two arguments to their
one. We only need to address the lack of substance in the propaganda
itself.
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